New Delhi:  India can double its economy in about 7-8 years if it grows at 8 per cent, which is feasible as the country has sustained a growth rate of 8.5 per cent earlier for a long time, Niti Aayog Vice-Chairman Rajiv Kumar said on Saturday.


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"If things remain normal, and we are not witnessing the fourth wave of the pandemic or any ghastly outcome in Ukraine then we can achieve 8 per cent growth because we have done that. If we can do it, we can achieve the doubling of the economy in about 7-8 years," Kumar said while speaking at the APB Network's 'Ideas of India' summit here.


He said that the target of becoming a USD 5-trillion economy is not rhetoric, adding that the country is already a USD 2.7 trillion economy and it just needs to double it. Also Read: Zomato 10-minute food delivery: MP Home Minister raises road safety concerns, asks firm to change plan


Noting that India has sustained an 8.5 per cent growth rate in 2003-2011, he said, "We must recognise the fact that India is the only country which will have to achieve this growth (8 per cent) while fully taking care of the environment. Also Read: Bring petrol, diesel under GST to ease inflationary burden: PHDCCI


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